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Technology Stocks : All About Sun Microsystems

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To: Alok Sinha who wrote (11183)10/3/1998 6:46:00 AM
From: Muthusamy SELVARAJU  Read Replies (2) of 64865
 
The week's NASDAQ performance (and Sun's unrestrained price drop) has proved your response right. Still, I have only been hearing good things about Sun's prospects in Europe, especially on the stranglehold they appear to have established in terms of their internet server business with ISPs.

In addition, they would appear to have weaned themselves out of their previous sole reliance on workstations quite well, though I've no idea of its %age of Sun's overall revenues.

Next 2 weeks (thru' Friday, Oct. 16th) should prove interesting. I've never seen such harsh treatment of tech stocks within a week in the last 10 years.

I still think their earnings will come in within my (bullish) estimates.

Regards,
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